A Growing Group of Financial Planners Is Committed to Guiding Clients Toward Biblically Responsible Investing Through NACFC
The National Association of Christian Financial Consultants (NACFC) is welcoming a growing group of committed financial planners as they guide Christian investors to honor God with their money through biblically responsible investing (BRI).
David Einhorn Buys Three New Stocks: These Are The Names And Theses (Q3 Letter)
David Einhorn's Greenlight Capital funds returned 5.9% in the third quarter of 2020, compared to a gain of 8.9% for the S&P 500 in the same period. This year has been particularly challenging for value investors. Growth stocks have surged as value has struggled. For Greenlight, one of Wall Street's most established value-focused investment funds, Read More
In fact, these planners often inform Christians that they are funding unbiblical practices, such as abortion or pornography, often without their knowledge.
ESG with a twist
Those who join NACFC can ably explain that, years ago, Christians could truthfully say they were unaware of where their investment dollars were actually going. But today, with technology-driven online tools, these faithful investors can no longer plead ignorance.
“The NACFC changed my life,” says NACFC president and co-founder Mark Minnella. “No longer am I just about money and possessions and helping people create and store up wealth. But now my work is grounded in helping people realize the fulness of Christ here and now and forever, in and through their finances. God’s purpose for His children’s finances, stated in His word, including investing, are continuously researched and shared and are the whole of what the NACFC is about.”
Other consultants, planners and financial advisers agree that NACFC has changed the way they go about their work, with a new passion that is grounded in the Bible.
Biblically responsible investing
- “NACFC has had a tremendous impact on the way I view money, wealth and ownership. NACFC has helped me bring a biblical worldview to our business and the people we serve. They have helped me as a financial adviser put on the mind of Christ and bring biblical wisdom into the client conversations. Man is looking at returns, standard deviation, track record and expense ratios. God is always looking at the heart. Is the money invested impacting the Kingdom of God or is it supporting the moral wickedness of this world?”—Glenn A. Repple, president of G.A. Repple
- “NACFC has really helped me learn more and more how important investing in the right companies is to God. At our annual conference I was able to meet other financial advisers who love Jesus and really implement that love into their practices and with their clients. It has encouraged me to take a deeper look at including biblically responsible investing into my practice with my new clients and my existing clients. I also got the courage from NACFC to send an email to all my existing clients and asking them, ‘How can I pray for you?’”—Michael W. Mandarino, financial adviser
- “The founders and members of NACFC have forced me to come to terms with the reality that adjusting my investments based on the activities occurring on the other end of my investments is a vital part of being a faithful steward of God’s resources.”—Daniel L. Hardt, financial adviser
These consultants can show their clients in a very clear way which companies are violating biblical principles with their investors’ money. Through the free online screening tool at nacfc.org (click on “free screening tool” banner), and with just a few clicks, investors can find out—for free—if companies are supporting facets of society that are unbiblical.